Calamos Supports Greece

Pension Reform

Athens Gridlocked as Transport Workers Strike Over Pension Bill

Traffic in parts of the Greek capital came to a standstill on Tuesday as Greek transport workers joined a 24-hour public sector strike over pension reforms. Buses, trolleys, trams and metro transportation will be out of operation for the day....

Police Stage Occupation of SYRIZA Offices Ahead of Govt Pension Reform

15 uniformed officials, mainly police officers belonging to the Hellenic Federation of the Police (POASY) and unionists from the Greek Coast Guard and Fire Brigade, gathered at the central offices of the ruling Radical Left Coalition (SYRIZA) party in...

National Gardens Shut Down Ahead of Greek Govt Vote on Pension-Tax Reform

The gates of the National Gardens of Athens were shut down on Friday and all entry points to the grounds will remain closed until Monday. The unprecedented closure of the gardens, near Greek Parliament, has prompted the anger of citizens...

Greek Farmers Prepare to Protest Pension and Tax Reforms in Athens

The Greek farmers' Coordinating Committee has announced their participation in the demonstrations that will take place in Athens on the day of the voting of the pension and tax reform plans. The farmers' announcement highlights that the bills will bring...

Social Security and Pension Reform Bill Approved in Parliamentary Committees

The government’s social security and pension reform bill was approved in principle in the relevant parliamentary committees on Tuesday with the votes of SYRIZA and ANEL, while all the opposition parties voted against it. Individual provisions were also heavily criticized...

Another Round of Media Strikes in Protest Over Pension Reforms

Journalists across Greece have called a further strike today over pension reforms. This latest strike follows the recent 48 hour print and media strike by the Panhellenic Federation of Journalists’ Union earlier this week. The federation’s main protests are...

Greek Journalist Unions to Go on 48-hour Strike Against Pension Reforms

Greece's Panhellenic Federation of Journalists' Unions announced that Greek journalists will hold a 48-hour strike as a way to protest the pension reforms. The decision was made by the administrative bodies in media, who met on Monday along with Panhellenic...

Schaeuble Says that Greece Must Find Alternatives If It Can't Cut Pensions

German Finance Minister Wolfgang Schaeuble made several statements on Wednesday regarding Greece's negotiations with the creditors as well as the sustainability of the country's debt. According to the German Minister, Greece must find alternatives if the country cannot deliver on...

Greece’s Inability to Tackle Migrant Crisis Calls for Deeper Reform, Says President of DIW-Berlin

Greece needs to abide by the agreement for reforms as laid out in the new bailout program and the migrant crisis facing the country today should be no for deviation from the “agreed” route, said Marcel Fratzscher, President of...

Greek Courts May Rule Wage and Pensions Cuts Unconstitutional

Greek judges continue to contest the government’s attempts to cut wages and pensions, something they have been doing at least since 2012. According to a report in the Greek daily To Ethnos, a new court ruling challenging the legality of...